...President Obama intends to close "persistent gaps" between whites and minorities in everything from credit scores and homeownership to test scores and graduation rates.

His remedy  short of new affirmative-action legislation  is to sue financial companies, schools and employers based on "disparate impact" complaints  a stealthy way to achieve racial preferences, opposed 2 to 1 by Americans.

Under this broad interpretation of civil-rights law, virtually any organization can be held liable for race bias if it maintains a policy that negatively impacts one racial group more than another  even if it has no racist motive and applies the policy evenly across all groups.

Equal Outcomes

This means that even race-neutral rules for mortgage underwriting and consumer credit scoring potentially can be deemed racist if prosecutors can produce statistics showing they tend to result in adverse outcomes for blacks or Latinos.

Already, Attorney General Eric Holder has used the club of disparate-impact lawsuits to beat almost $500 million in loan set-asides and other claims out of the nation's largest banks.

In addition to the financial settlements  which include millions in funding for affordable-housing activists  Bank of America, Wells Fargo and SunTrust have all agreed to adopt more minority-friendly lending policies...

Hiring Criminals

...Those who reject minority applicants for credit cards or charge them higher loan rates had better be prepared to prove to Cordray's diversity cops they aren't racist. Many have already decided it's safer to give black and Latino applicants preferential treatment, which of course is racism of another kind.

If I'm guaranteed to an outcome which is equal to your outcome, without regard to merit -- I can sure guarantee you that I won't be working hard. At all. In fact, if I find myself working harder than you, I'm going to feel a fool. Nope. That's not for me. I'll let you be the hard worker. I'll kick back and just get my equal outcome on the mellow side.

Now: is that attitude going to permit a viable society? or will it ensure a society in steep decline?

11
posted on 11/11/2012 6:26:01 PM PST
by ClearCase_guy
(Global Warming is a religion, and I don't want to be taxed to pay for a faith that is not mine.)

If I'm guaranteed to an outcome which is equal to your outcome, without regard to merit -- I can sure guarantee you that I won't be working hard. At all. In fact, if I find myself working harder than you, I'm going to feel a fool. Nope. That's not for me. I'll let you be the hard worker. I'll kick back and just get my equal outcome on the mellow side.

Right. Businesses will just hire blacks and not insist they work, just to keep the feds off their case. These black employees will sit among the white employees and display their smugness over getting a paycheck without needing to work. The end result will be whites HATING blacks to a degree this country has never seen.

“Businesses will just hire blacks and not insist they work, just to keep the feds off their case. These black employees will sit among the white employees and display their smugness over getting a paycheck without needing to work. The end result will be whites HATING blacks to a degree this country has never seen.”

“Businesses will just hire blacks and not insist they work, just to keep the feds off their case. These black employees will sit among the white employees and display their smugness over getting a paycheck without needing to work. The end result will be whites HATING blacks to a degree this country has never seen.”

Yep, the banks went from reluctant compliance to (thanks to competitive pressure from Countrywide) eager compliance. And when the whole house of cards came crashing down, they were castigated for "predatory lending practices."

No need to wonder why there've been no prosecutions. I'm sure that any eager-crusader Dems have been told - make that shown - that the Dems' own policies were a major cause of the blow-up.

That's the growth vector of the new fascism. If government's your business partner, then government takes the fall with you. It's not as easy for the liberals to use the old dodge as it used to be.

I already thought all things were equal in the loan application process. I think he means giving them preferential treatment; you know...the very thing that got us into the current economic mess we’re in. I guess the dummies just can’t acknowledge the truth; that there are groups of people that share many of the same traits; like failing to pay their bills, lying on loan applications, mishandling priorities as in having fun first (partying or shopping) and taking care of bills later...

It is time to dispense with the archaic system used by professional sports that allows them to select players based upon ability to such an extent that it allows terribly out of balance racial makeup of teams.

All pro teams should be required to have 12% AA players. No more, no less. The same goes for the Olympics. This inequity must end NOW!

Sports are racist!!

45
posted on 11/11/2012 7:29:29 PM PST
by Right Wing Assault
(Dick Obama is more inexperienced now than he was before he was elected.)

Yes, that’s what they used the Home Mortgage Disclosure Act data to do back in the 80’s and 90’s - to find disparate impacts of mortgage rules. The DOJ back then used findings to stop bank branch expansions and mergers. Banks then loosened up lending practices and stuffed Community Reinvestment Act folders with tons of paperwork to show compliance. It marked the end of risk controls in mortgage lending.

I bumped into an old friend who is parttime professional in the medical field, and a fulltime teacher in DC. What he said about the quality of the black students (who are the uber-majority in most DC public schools), saddened me to no end.

He said that he couldn’t teach these kids. Besides lacking learning skills, they have a welfare, govt-is-going-to-give-me-everything if they are pregnant, unemployed, on drugs, mentality.

They expect the government to take care of them so that they don’t have to work.

Another friend, who taught in DC for several years, said the same thing. He was a big advocate of teacher-student collaboration on learning, but he said that with their backgrounds (no learning reenforcement at home (some exceptions), drugs, single parent homes/working mothers who don’t have time for helping with homework, the gang-mentality of neighborhood youth, lack of decent role models in the family, neighborhood or DC government, etc), they don’t stand a chance of succeeding as a group. Individuals will, but most won’t unless there is a total makeover of the educational system and the leftist thinking that guides it now.

What a damned shame. Black kids are being kept in another form of “educational slavery”, as well as helmed in by drugs, disfunctional families, led by crooked politicians, and operating under marxist ideological strategies (Bill Ayers as one of those marxist leaders in education).

Many of the Hispanics are beginning to mimic the Blacks re this welfare/entitlement mentality, which helps to explain why Obama got so many votes from both blocs.

I don’t have many answers but my friends, who are abandoning the teaching field do. It is nothing less than a total makeover of our entire educational system, with an emphasis on the fundamentals of learning re core curriculum, making the students learn how to read, write, and speak properly, and instill the “work ethic” as something to be looked up to and lived by (despite razzing from their friends).

Unless these changes occur some, Obama and his marxists will be able to maintain an addicting plantation mentality on many groups in America, thus preventing them from ever rising above a mediocre, dependent, and/or criminal existence.

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